Grosvenor rebrands to reflect changing market
- Managing Director Lee Brown is pictured with the new Grosvenor branding on a VW Buzz.ID
LEASING company Grosvenor is rebranding to reflect the changing requirements of the fleet and mobility sector.
The demand for sustainable, flexible, and technology-driven transportation solutions is increasing due to a growing awareness of environmental issues, evolving work habits, and the desires of younger generations, said the privately-owned contract hire and fleet management specialist.
Lee Brown, Managing Director, said: “The move to EVs, the importance of ESG (environmental, social and governance), wellbeing and CSR (corporate social responsibility) are all driving change, with AI also set to transform our lives. Younger and more tech-savvy drivers are poised to drive change and are far more environmentally aware than previous generations.
“As a result, we are readying ourselves for a future where flexible app-based, sustainable travel solutions will be used alongside, or even instead of, traditional company cars and grey fleet.
“However, our research confirmed our longstanding belief that we need to continue to uphold our values, by working with integrity, excellence and agility, plus prioritise the personal touch by offering even greater access to our staff and management in a market increasingly focused on digitisation.
“We will therefore continue to provide innovative, forward-thinking and flexible vehicle funding, fleet management, EV salary sacrifice and personal leasing solutions, while extending our offering to mobility solutions, car sharing, e-bikes and scooters and last mile delivery solutions for commercial vehicle operators.
“Its for this reason why we have launched our new brand, as it reflects a shift in our proposition to take us into the next generation of mobile workforces.”
The company will continue to work with Select Car Leasing to supply personal contract hire through its Interactive Fleet Management brand.
Fleets unaware of VED changes
MANY fleets are unaware of additional Vehicle Excise Duty (VED) charges on electric vehicles (EVs) and plug-in hybrids (PHEVs) that are due to take effect in April, the Association of Fleet Professionals (AFP) is reporting.
Increases announced by the chancellor in the Budget last year are likely to have an impact on organisations that operate EVs and PHEVs, and some will see their liability on widely-adopted EVs rise per vehicle from zero to £2,490 over a five year period believes James Pestell (pictured left) a Director of the AFP. He said: “The feedback we are receiving is that many fleets simply haven’t appreciated and accounted for these increases, which are substantial when applied across entire fleets operating dozens, hundreds or thousands of EVs and PHEVs.
“From April onwards, they’ll be receiving bills from the DVLA or shortfall invoices from their leasing supplier, and won’t have factored them into their running costs.”
Carwow Group appoints new Chief Financial Officer
CONGRATULATIONS to Jeremiah Crider (left), who is appointed CFO of the Carwow Group. He will focus on driving financial robustness as the company continues to scale at pace. Crider will be based in London, reporting to CEO John Veichmanis.
Crider joins Carwow Group from Securitas, where he was European CFO, leading 200 finance personnel across Europe.
Prior to that Jeremiah spent three years at Deliveroo, most recently as VP, Finance for the Marketplace & Technology Functions, where he played a pivotal role in helping it grow before and after its listing on the London Stock Exchange. Jeremiah spent the first 14 years of his career at US Retail behemoth, Walmart.
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Ralph Morton is the leading journalist in the leasing broker sector and editor of Broker News, the website which provides information and news for BVRLA-registered leasing brokers. He also writes extensively on the fleet and leasing market in both the UK and Europe.
